Lukoil | Egypt Oil & Gas - Part 5

Eni Plans to Sell 20% of Zohr Field

Italy's Eni plans to sell at least a 20% stake in Zohr field in Egypt to different oil companies including Russian Lukoil, US ExxonMobil, French Total, and UK's British Petroleum in order to raise around $5.5b from a ...

Iraq Reached $3.6b Foreign Oil Investment Deal

Iraq has reached an agreement with BP, Shell, and Lukoil to restart stalled investment in oil fields that the firms are developing, allowing projects that were halted this year to resume and crude production to incre ...

Spain to Import 1m Barrels of Iranian Crude

Spain’s largest oil company, Repsol, has signed a contract with the Iranian oil ministry to purchase and import 1m barrels of Iranian crude oil in July 2016, according to a report from the ministry.

Iraq Pays Debts, Lukoil Pledges Investments

Iraq has started to repay accumulated debts, the head of Russia's Lukoil said, pledging more investment to allow Iraq to maintain stellar output growth.

Iraq Faces Oil Projects Delay As Firms Resist Spending Cuts

International oil firms have warned Iraq that projects to increase its crude output will be delayed if the government insists on drastic spending cuts this year

Russian Rosneft Set to Lower Oil Output

Russian Rosneft is set to lower oil output, Natural Resources Minister, Sergei Donskoi said, ahead of a meeting of leading global oil producers in Doha on April 17th to discuss an output freeze to support weak oil pr ...

Lukoil Sizing up Baltic Sea Opportunities

A Kaliningrad-focused subsidiary of Russia's Lukoil has been granted a right to explore for oil and gas in the Russian sector of the Baltic Sea.

Iran to Start Shipping 300,000b/d of Crude to Europe

Iran will start shipping 300,000 b/d of crude to Europe, 54% of the total it had sent before the European Union's import embargo in 2012.

Lukoil Makes Large Gas Discovery Offshore Romania

Russia’s Lukoil has announced the discovery of a new gas field off the Romanian coast reported Penn Energy.

Russia Sells China its Stake in Kazakh Oil

Lukoil—the second largest oil producer in Russia—sold its stake in Kazakh oil company Caspian Investments Resources to China Petroleum & Chemical Corporation,

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